October 21, 2002
Intel to Invest $150 Million in Wi-Fi Technology
SANTA CLARA, Calif. (Reuters) - Intel Corp. (NasdaqNM:INTC - news) said on Monday it plans to invest $150 million in companies developing high-speed wireless networking technology, an area of growth that Intel sees as key to accelerating revenue and profit in the coming years. (full story)
My spin:With INTEL (and others) investing in Wi-Fi this technology can only expand. Wireless data access is VITAL for hi-growth businesses and busy entrepreneurs on the move.
Avantgo users: To see links to the "full story" you must have live access to the Internet.
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